225k views
1 vote
A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annaualized ROI?

2 Answers

4 votes

Answer:

Annual profit=75,000÷6=12,500

ROI=12,500÷15,000=0.8333×100

=83.33%

Explanation:

NOw help me with my questions

User Cjbarth
by
8.0k points
5 votes
Annual profit=75,000÷6=12,500


ROI=12,500÷15,000=0.8333×100
=83.33%
User Tsurantino
by
9.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.